Proximity

InduPro Announces $85 Million Series A Financing, Appoints Prakash Raman, Ph.D. as CEO to Advance Next-Generation, Proximity-Based Protein Therapeutics for the Treatment of Cancer and Autoimmune Diseases

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木曜日, 6月 13, 2024

SEATTLE and CAMBRIDGE, Mass., June 13, 2024 /PRNewswire/ -- InduPro, Inc., a biotechnology company defining protein spatial relationships to create novel therapeutics for the treatment of cancer and autoimmune diseases, today announced an $85 million Series A financing co-led by The Column Group and Vida Ventures with participation from investors, including MRL Ventures Fund (the therapeutics-focused venture fund of Merck & Co, Inc.), Emerson Collective and Euclidean Capital. The financing will support the advancement of the first expected clinical product candidate targeting cancer tissue based on the proximity of co-targeted pairs, from preclinical development to an expected IND filing in Q4 2025 for a Phase 1 clinical trial. It will also fuel a pipeline of novel bispecific antibodies and antibody drug conjugates (ADCs) that utilizes protein proximity for identification of novel tumor selective target pairings.

Key Points: 
  • It will also fuel a pipeline of novel bispecific antibodies and antibody drug conjugates (ADCs) that utilizes protein proximity for identification of novel tumor selective target pairings.
  • InduPro therapeutically targets cell surface proteins in a variety of disease contexts by leveraging inherent or induced protein proximity.
  • Additionally, since protein proximity influences signals in cells that are critical for cellular health, proximity can be induced to modify cellular signaling and interactions in disease.
  • from Vida Ventures, Peter Dudek, Ph.D. from MRL Ventures Fund, Rahul Ballal, Ph.D. CEO from Mediar Therapeutics, Craig Parker CEO from Surrozen, and InduPro CEO Prakash Raman, Ph.D.

Comdata® Launches OneClick™ Fraud Protection Tool

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火曜日, 5月 21, 2024

OneClick makes it easy to fight fraud by allowing the card to make a fuel purchase, only when the driver is ready to fuel.

Key Points: 
  • OneClick makes it easy to fight fraud by allowing the card to make a fuel purchase, only when the driver is ready to fuel.
  • OneClick works as a complement to Comdata’s Proximity, a collection of Enhanced Authorization Controls (EACs) that comes with the industry’s only NO FUEL FRAUD GUARANTEE.1
    “OneClick serves as an added layer of protection in our suite of fraud protection solutions enabling fleets to fight the unfortunate trend of fuel fraud,” said Comdata President Randy Morgan.
  • When paired with Comdata’s Enhanced Authorization Controls (EACs) Proximity EACs, OneClick can deliver superior protection against fuel theft, saving fleets money and headaches.
  • To learn more about OneClick or Comdata’s host of other fraud protection products, visit https://www.comdata.com/fleet-technology/ .

Securiti AI Launches Context-Aware LLM Firewalls to Secure GenAI Applications

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火曜日, 4月 30, 2024

Securiti , the pioneer of the Data+AI Command Center, today announced a new category of LLM Firewalls, the Securiti LLM Firewall, purpose built to protect GenAI systems & applications and the associated enterprise data and AI models.

Key Points: 
  • Securiti , the pioneer of the Data+AI Command Center, today announced a new category of LLM Firewalls, the Securiti LLM Firewall, purpose built to protect GenAI systems & applications and the associated enterprise data and AI models.
  • Also, such LLM firewalls need to be smarter to understand the context of the data associated with such GenAI applications to limit the scope of engagement.
  • Securiti LLM Firewalls are a new category of distributed firewalls, designed to protect GenAI systems & applications.
  • Securiti LLM Firewalls, combined with other capabilities within the Data+AI Command Center, provide automations for compliance with regulations like the EU AI Act and the NIST AI RMF.

Insigneo Enhances Work Environment with Relocation of Uruguay Office

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金曜日, 4月 19, 2024

Insigneo, a dynamic global wealth management firm, is pleased to announce the relocation of its Uruguay office to Zonamerica, Ruta 8 km 17.500 Edificio Beta 4 Of.

Key Points: 
  • Insigneo, a dynamic global wealth management firm, is pleased to announce the relocation of its Uruguay office to Zonamerica, Ruta 8 km 17.500 Edificio Beta 4 Of.
  • This expansion not only provides ample space but also consolidates the Insigneo team in one unified workspace.
  • Guillermo Broukaert, Market Head of Insigneo Uruguay, commented, "The unification of our Zonamerica office symbolizes more than just an expansion; it's a strategic move to forge a superior work environment for our employees and partners.
  • By consolidating its workforce in a single location, Insigneo aims to foster synergy and streamline operations, ultimately enhancing service delivery to clients.

FCM welcomes new federal plan to address the homelessness and housing crises in Canada

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金曜日, 4月 12, 2024

This new federal plan includes an additional $1 billion for the Reaching Home program and $250 million in much-needed support in response to homeless encampments.

Key Points: 
  • This new federal plan includes an additional $1 billion for the Reaching Home program and $250 million in much-needed support in response to homeless encampments.
  • "Today we're seeing a promising step forward in tackling the housing and homelessness crises that affect too many Canadians", said FCM President Scott Pearce.
  • FCM also welcomes the acknowledgement that investment in non-market housing is critical to ensure all Canadians have adequate and affordable homes.
  • Canada needs a significant increase in the number of housing units that are developed and owned outside of the private market.

UC Berkeley Launches New Molecular Therapeutics Initiative to Accelerate Drug Discovery

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木曜日, 3月 14, 2024

The University of California, Berkeley Molecular Therapeutics (MTx) division of the Molecular & Cell Biology department today announced the launch of a new initiative to accelerate drug discovery at the interface of academia and biotech.

Key Points: 
  • The University of California, Berkeley Molecular Therapeutics (MTx) division of the Molecular & Cell Biology department today announced the launch of a new initiative to accelerate drug discovery at the interface of academia and biotech.
  • The UC Berkeley Molecular Therapeutics Initiative (MTI) will create a foundational bridge between fundamental research in rare neurological and metabolic diseases and drug discovery to identify and accelerate novel therapeutic modalities into the clinic.
  • “UC Berkeley is an international nucleus for scientific breakthroughs, such as gene editing and immuno-oncology.
  • “In this way, we are not only advancing R&D but also democratizing it by building industry connections for emerging researchers interested in pursuing a biotech career.”
    The UC Berkeley Molecular Therapeutics Initiative (MTI) seeks to accelerate drug discovery efforts by creating therapeutic modalities that overcome challenges in druggability and address unmet medical need.

Government of Canada and Germany Land Agreement Securing Early Market Access for Clean Canadian Hydrogen

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月曜日, 3月 18, 2024

Canada can be a world-leading producer and exporter of clean hydrogen and associated technologies, and the federal government is helping to make that happen.

Key Points: 
  • Canada can be a world-leading producer and exporter of clean hydrogen and associated technologies, and the federal government is helping to make that happen.
  • This program will accelerate commercial-scale hydrogen trade between Canada and Germany, secure early access for clean Canadian hydrogen producers in the German market and strengthen our two countries' efforts to fight climate change and enhance energy security.
  • Prior to today's announcement, Canada has made significant efforts to support the production and export of clean hydrogen.
  • It will help secure early market access for competitively priced clean energy products by Canadian industry and ensure good jobs, clean economic growth and emission reductions at home while strengthening energy security abroad.

MONTAGE GOLD ANNOUNCES APPOINTMENT OF SILVIA BOTTERO AS EXECUTIVE VICE PRESIDENT OF EXPLORATION

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月曜日, 3月 18, 2024

Silvia Bottero is an accomplished business-minded geologist, with a proven track record of making high quality brownfield and greenfield discoveries with the goal of quickly attaining reserve status.

Key Points: 
  • Silvia Bottero is an accomplished business-minded geologist, with a proven track record of making high quality brownfield and greenfield discoveries with the goal of quickly attaining reserve status.
  • She most recently held the position of Senior Vice President of Exploration at Endeavour Mining, overseeing all its African exploration activities.
  • Silvia Bottero, incoming Executive Vice President of Exploration, commented: "I am thrilled to join Montage at this exciting stage in the company's growth.
  • I am equally excited with the opportunity to build a greenfield development pipeline in Africa with the goal of sourcing our next project through our exploration success."

Proximity Learning CEO Evan Erdberg Announces Publication of First Book, “#TeachersServeToo”

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水曜日, 2月 14, 2024

A 2022 study by the National Center for Education Statistics found that 44% of all public schools nationwide were operating without a full teaching staff.

Key Points: 
  • A 2022 study by the National Center for Education Statistics found that 44% of all public schools nationwide were operating without a full teaching staff.
  • “‘#TeachersServeToo’ is a tribute to one of our country’s most important professions with perhaps the most impact on our future.
  • Erdberg and the Proximity Learning team will debut the book at the American Association of School Administrators’ National Conference on Education , taking place Feb. 15 to Feb. 17 in San Diego.
  • For more information about #TeachersServeToo, visit www.teachersservetoo.com , and to discover how Proximity Learning is empowering school districts and improving the learning experience, visit www.proxlearn.com .

VantAI Appoints Jae Won Kim as Chief Operating Officer and Chief Financial Officer

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水曜日, 2月 7, 2024

VantAI, a leader in generative AI and drug discovery, announced the appointment of Jae Won Kim as Chief Operating Officer (COO) and Chief Financial Officer (CFO).

Key Points: 
  • VantAI, a leader in generative AI and drug discovery, announced the appointment of Jae Won Kim as Chief Operating Officer (COO) and Chief Financial Officer (CFO).
  • Having led one of the largest deals in induced proximity history, she brings over 15 years of deal making experience to VantAI and its mission.
  • As COO/CFO of VantAI, Ms. Kim will oversee the company's operations, including finance, legal and corporate development functions.
  • "I am thrilled to join this incredible team at VantAI at this exciting time,” said Ms. Kim.